It never existed. Money is gold (in reality) and the money on which the numbers are printed are, in fact, just paper on whiich the numbers are printed. Nobody (in Office) actually parted with any money, at all, in getting into debt. What they did was to transer a 'number' from one country to another; as simple as that. :)<br />
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~F~

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Into the pockets of the 1%....

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Also to clarify... The Debt is money spent with actually having the money.... so there was not the money to go anywhere... But.. the 1% hanging onto excess, and not putting it back into circulation. makes it harder to come by...

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Countries may be impoverished, but their political leaders rarely are. Hmmmmm..... see a correlation there?

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Stolen by corrupt politicians.:-)

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political leaders recreational usage

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Money is completely ambiguous, as is our debt. An amount created and fostered by the Federal Reserve(who by the way is not a government agency...go figure)

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Just like a household budget, it was spent on things that had no financial return.<br />
Social programs that didn't work, bridges to nowhere, bribes and payments to other countries for favors...<br />
Pocketed by corrupt politicians, kickbacks and bribes to businesses and other political groups, $1000<br />
hammers and toilet seats, million dollar equipment that's never used, retirement benefits for single term politicians, and on, and on, and on...

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Not all countries are in debt!The money goes to many things for example if the US stopped spending trillions of dollars on military it would have too much money like China does today.Just one example .

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